Investors love this stock. 3 million shares traded, obviously anticipating that this acquisition fits well with the current business and will provide a great return. Strategically you couldn't have a better acquisition for North and South America. Lots of stores and plenty of manufacturing capacity. The challenge will be integrating this acquisition into the rest of the Company. They have demonstrated the ability to do this well in past acquisitions.
Comex is a monopoly in Mexico it comands 65% of the paint market. They had only 6% of the market before. It will be a huge business for the specially with all the infrastrucure plans the new president has.